Monsanto drops bid to grow new GM foods in the European Union

Monsanto says it will concentrate on its conventional seeds business in Europe.

United States agrochemicals giant Monsanto will drop all requests to be allowed to grow new genetically modified foods in the European Union, which has for years held up approval.

The company says it would instead focus on its conventional seeds business and enabling imports of such products into the region.

"We will no longer be pursuing approvals for cultivation of new biotech crops in Europe," the company said in a statement.

The European Commission, the EU's executive arm, said it "took note of the decision" by Monsanto which produces a whole stable of GM crops and associated agrochemicals in wide use in the US and elsewhere.

In Europe, however, there is widespread suspicion about the use of GM food products, with many fearing their use could have an unintended long-term impact on health.

Monsanto and other producers insist such fears are unfounded and that GM products are essential if growing global demand for food is to be met.

The EU allows only two GM products to be grown in the 28-member bloc - Monsanto's MON 810 maize and German conglomerate BASF's Amflora potato.

Brussels cleared MON 810 in 1998 for 10 years and Monsanto submitted a request in 2007 for it to be extended, but the process has been effectively frozen since then.

Environmental groups welcomed Monsanto's announcement.

"This is great news for science and research in Europe," Greenpeace EU spokesman Mark Breddy said.

"Over the last couple of decades, GM crops have proven themselves to be an ineffective and unpopular technology, with unacceptable risks for our environment and health.

"Monsanto's retreat could finally create the space for European farming to focus on modern practices and technologies that offer real advances for food production and rural communities."